PAX Gold (PAXG)
$2,658.89
-0.74% (24H)
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PAX Gold PAXG coin price is $2,658.89 with a market cap of $511.33 M. PAX Gold Cryptocurrency price is -0.74% down in last 24 hours.
PAX Gold PAXG is an asset-backed token where one token should represent one fine troy ounce of a London Good Delivery gold bar stored in professional vault facilities Anyone who owns PAXG has ownership rights to that gold under the custody of Paxos Trust Company Since PAXG represents physical gold its value is tied directly to the real-time market value of that physical gold PAXG gives customers the benefits of actual physical ownership of specific gold bars with the speed and mobility of a digital asset Customers are able to have fractional ownership of physical bars On the Paxos platform customers can convert their tokens to allocated gold unallocated gold or fiat currency and vice versa quickly and efficiently reducing their exposure to settlement risk PAXG is also available for trading on Paxos itBit exchange PAXG will also be available on other crypto-asset exchanges wallets lending platforms and elsewhere within... Read More